"economy collapsing" - what I'm seeing is demand leaving businesses that were habitual or not truly necessary. For example: work from home -> spend less on transport, spend less on mobile food, company spends less on office space.

Regrettably there's transition pain for workers in abandoned sectors but other sectors will grow out of this (e.g. deliveries/home office equipping/remote work centres).

This transformation of what work entails, to its essentials, with less office face time, will benefit civilization at large in the long run (Antifragile).

I support financially assisting & retraining displaced workers through this transformation, and am against "bailing out" obsoleted corporate entities.

The oil industry is not the only industry hurting right now, so although this is on a post about Exxon, The OP's point holds true.

The difference is that oil was already under long term pressure. Peak oil has been waiting to happen for a long time, and it's the risk nobody thought relevant that finally broke things.

Right, I could care less about this Wuhan flu crap we need to focus on getting the world's economies back on track. Many more people are suffering from economy issues than the flu.

Let's see not a problem if it doesn't affect you. Hmm, what about the ones that it does?